Part 8Intangible fixed assets

Chapter 13Transactions between related parties

Transfers treated as being at market value

848Tax-neutral transfers

(1)

Section 845 does not apply if the transfer is tax-neutral for the purposes of this Part as a result of any provision in this Part.

(2)

For such provisions, see, in particular—

(a)

section 775 (transfers within a group), and

(b)

sections 818 to 826 (transfer of business or trade).